Prediction of White Oil Global Market - Key Players 2020-2027

Prediction of White Oil Global Market - Key Players 2020-2027

The objective of the study is to define market sizes of different segments and countries in previous years and to forecast the values to the next Five years. The report is designed to incorporate both qualify qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers and restraining factors which will define the future growth of the White Oil market.

The properties of white oils such as lubricity, moisture resistance, and chemical inertness contribute to their utilization in cosmetics and beauty products. In cosmetics, it is considered a key ingredient and has been incorporated into formulations such as topical skin care lotions moisturizing creams hair care products and baby oils. Due to the high concentration of several cosmetic manufacturers in Asian countries (such as China, Indonesia, India, Japan and South Korea), growing demand for personal care products in these countries will increase the demand for white oils. Asia Pacific accounted for more than 51% of the global revenue share. Countries such as Japan, India, Thailand, South Korea, and Indonesia are fast emerging as major hubs for cosmetic manufacturers owing to availability of skilled and low-cost labor, lax regulations, etc. In North America, due to the rapid growth of the grocery industry, the products have high demand for polymer and adhesive applications. In addition, the regional population is highly dependent on e-commerce for purchasing essential products, leading to increased consumption of packaging products, which leads to increased consumption of adhesives, thereby stimulating product demand. The European market is dominated by the high consumption of personal care and cosmetics. France, Italy, and Spain are the major hubs for several cosmetic manufacturing brands. The global white oil market size is expected to exceed USD 1.8 billion by 2025.

White oils are usually refined mineral oils; they are pure, stable, colorless, odorless and non-toxic. The product is well suited for use in chemical manufacturing, cosmetic and pharmaceutical industries.

White oil has the ability to form a barrier on the skin from the external environment, thereby helping to prevent skin damage. It is also used extensively in the formulation of anti-aging products that are in high demand, especially in East and North Asian countries, and increasing demand for it in medical and cosmetic applications across the globe is expected to be a major driver of market growth. In the food industry, the product plays a crucial role in food coating and packaging applications. It is also expected to drive the growth of the white oil market with the growth of the food and packaging industry.

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Key Market Players Profile
Players covered in the report are:
Royal Dutch Shell
Sinopec Corporation
JX Nippon Oil & Energy Corporation
Nynas AB
Suncor Energy
Seojin Chemical
Renkert Oil
APAR INDUSTRIES
TOTAL
Savita Chemicals
Sonneborn
ExxonMobil Fuels & Lubricants
Chevron
Eastern
Panama Petrochem
Sasol
Lubline

The report provides an analysis of the market's competitive landscape and offers information on the products offered by various companies, which will help companies create strategies to take advantages of the emerging opportunities in the future. Production and consumption are estimated to continue developing with a stable growth rate during the forecast period. As a result of meeting the surging demand, more manufacturers are expected to go into this industry.

Segmentation on the Basis of Application:
Plastic & Polymer
Pharmaceuticals
Personal Care & Cosmetics
Food Industry
Textile

By Type:
Chemical Grade
Food Grade
Cosmetic Grade

Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of White Oil Market
…
2 Market Trends and Competitive Landscape
3 Segmentation of White Oil Market by Types
4 Segmentation of White Oil Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of White Oil Market in Major Countries
7 North America White Oil Landscape Analysis
8 Europe White Oil Landscape Analysis
9 Asia Pacific White Oil Landscape Analysis
10 Latin America, Middle East & Africa White Oil Landscape Analysis
11 Major Players Profile
…

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Regional Segment Analysis
The report focuses on detailed analysis of major regions like North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia), and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).

Audience:
• White Oil manufacturers
• White Oil traders, distributors, and suppliers
• White Oil industry associations
• Product managers, White Oil industry administrator, C-level executives of the industries
• Market Research and consulting firms

What Information does this report contain?
The report covers the prediction and analysis of the global White Oil market at the global and regional levels.
The report includes drivers and constraints that affect market growth.
Discussed details about market opportunities
The assessments for the regional market layout characteristics in the world.
The report includes detailed company profiles for prominent market participants.

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